Report: Lancaster Metro Economy Rates 100th In Size In U.S.

Map of Pennsylvania highlighting Lancaster County

Map of Pennsylvania highlighting Lancaster County (Photo credit: Wikipedia)

Lancaster County boasts the 100th largest economy among the 363 metropolitan statistical areas in the U.S., according to a report released in conjunction with the U.S. Conference of Mayors’ annual meeting.

The economy here produced $21.6 billion in 2013, according to the report (PDF), prepared by the economic analysis firm IHS.

The mayors are using the report to call attention to the outsized role of metro areas in the U.S. economy. Metro areas account for 90 percent of U.S. gross domestic product and are expected to generate 92 percent of overall U.S. economic growth through 2020, the report said.

Read more: http://lancasteronline.com/business/local_business/report-lancaster-metro-economy-rates-th-in-size-in-u/article_cfba5fbc-fb0a-11e3-a5ce-001a4bcf6878.html

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s